NOT LISTED FOR SALE

481 Fairways Ln Chelsea, MI 48118

Estimated Value: $489,000 - $525,000

4 Beds
2.5 Baths
2,857 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $475,000 $166 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,407/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Breakfast Area or Nook
  • South Meadows Elementary School Rated A-
  • Vaulted Ceiling
  • Double Oven

About This Home

As of June 2023

Gorgeous and meticulously maintained 4 bedroom, 2.5 bath home in the Chelsea Fairways! Light filled and one of the newer builds in the neighborhood. The first floor features an open concept kitchen, breakfast nook and great room with a beautiful gas fireplace and floor to ceiling windows showcasing the peaceful backyard with abundant nature. The main floor also includes a formal dining room, mudroom and half bath. On the second floor you'll find the huge primary bedroom with tray ceiling, spectacular walk-in closet with custom Closets By Design system and ensuite bathroom with double vanity, shower and soaker tub. 3 large additional bedrooms, two with walk-in closets, a second full bathroom and the convenient laundry room finish off the second floor. The basement has 9' ceilings and fantas fantastic egress windows along the back wall, it's plumbed for a full bathroom and ready for your finishing touches! The sellers have taken great care of this extremely clean home. All windows have custom top up, bottom down blinds. Chelsea Fairways is walking distance to schools, parks and downtown Chelsea with easy access to I-94. Showings begin Friday, May 19th!, Primary Bath

Last Agent to Sell the Property

Keri Poulter

The Charles Reinhart Company License #6501416204 Listed on: 05/16/2023

The Charles Reinhart Company

Last Buyer's Agent

Jennifer Baghdoian

The Charles Reinhart Company License #6501391003

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 2015

Lot Details

  • 10,448 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,857 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Chelsea Fairways Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,761

Year Built

Built in 2015

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 2015
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 157.16
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2857.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 8761.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Chelsea Fairways
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 2857.0
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Sump Pump: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Architectural Style:Colonial: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight, Full
  • LivingArea: 2857.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1237.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Additional Items:Basement Plumbed for Bath: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 449000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 275.0
  • Association Info:Assoc Fee Payable: Annually

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10448.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8761.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 29, 2023
Sold by
Boettger Gerald L and Boettger Ruth A
Bought by
Bingham Kyle and Bingham Kristin
Seller's Agent
Keri Poulter
The Charles Reinhart Company
Buyer's Agent
Jennifer Baghdoian
The Charles Reinhart Company
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Current Estimated Value
$500,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,961
Avg. Annual Appreciation
2.37%
Original Mortgage
$380,000
Outstanding Balance
$370,242
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$132,566

Purchase Details

Closed on
Mar 18, 2021
Sold by
Boettger Gerald L and Ammon Ruth A
Bought by
Boettger Gerald L and Ammon Ruth A

Purchase Details

Listed on
Jul 29, 2015
Closed on
Jan 29, 2016
Sold by
Ndc Of Dexter Ltd
Bought by
Ammon Ruth A and Boettger Gerald L
Seller's Agent
Lisa Kanclerz
The Charles Reinhart Company
Buyer's Agent
Laura Argir
RE/MAX Platinum
List Price
$331,000
Sold Price
$338,900
Premium/Discount to List
$7,900
2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$254,175
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Macmahan Investments Llc
Bought by
Ndc Of Dexter Ltd

Purchase Details

Closed on
May 31, 2011
Sold by
R Cook Properties City Of Chelsa Inc
Bought by
Macmahan Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bingham Kyle $475,000 Liberty Title
Boettger Gerald L -- None Available
Ammon Ruth A $338,900 Liberty Title
Ndc Of Dexter Ltd -- Liberty Title
Macmahan Investments Llc -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bingham Kyle $380,000
Previous Owner Ammon Ruth A $254,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $475,000 +5.8% $166 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $449,000 +32.5% $157 / Sq Ft
01/29/2016 01/29/16 Sold $338,900 +2.4% $125 / Sq Ft View Prior Sale
01/26/2016 01/26/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $331,000 -- $122 / Sq Ft
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,959 $229,600 $0 $0
2024 $6,032 $231,000 $0 $0
2023 $9,111 $197,000 $0 $0
2022 $8,201 $180,300 $0 $0
2021 $8,600 $178,400 $0 $0
2020 $8,494 $173,900 $0 $0
2019 $8,328 $171,400 $171,400 $0
2018 $8,186 $170,600 $0 $0
2017 $0 $166,500 $0 $0
2016 $0 $146,952 $0 $0
2015 -- $24,180 $0 $0
2014 -- $23,800 $0 $0
2013 -- $23,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23129208

MichRIC

APN: 07-18-330-014